The Shocking Reason Only 1% of People Succeed | Steve Jobs & Elon Musk

Marc The Beginning3 minutes read

Steve Jobs underscores the significance of seeking assistance, illustrated by his own experience of reaching out to Bill Huet for spare parts, which ultimately led to a summer job opportunity. He urges entrepreneurs to commit to working 80 to 100 hours a week to enable them to achieve in four months what others typically accomplish in a year.

Insights

  • Steve Jobs highlights the value of seeking assistance, illustrating this through his own experience of reaching out to Bill Huet for spare parts at a young age, which ultimately opened the door to a summer job and valuable learning opportunities.
  • He urges entrepreneurs to commit to working 80 to 100 hours a week, arguing that such intense dedication enables them to accomplish in four months what typically takes others a full year, underscoring the importance of hard work and perseverance in achieving success.

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Recent questions

  • What is the importance of asking for help?

    Asking for help is crucial because it fosters collaboration and opens up opportunities that one might not achieve alone. When individuals reach out for assistance, they can tap into the knowledge and resources of others, which can lead to unexpected benefits. For instance, seeking guidance from a mentor or expert can provide valuable insights that accelerate personal or professional growth. Additionally, asking for help can build relationships and networks that are essential in various fields, ultimately leading to greater success and innovation.

  • How many hours should entrepreneurs work?

    Entrepreneurs are often advised to work between 80 to 100 hours a week to maximize their productivity and success. This level of commitment is believed to enable them to accomplish in a few months what others might take a year to achieve. The rationale behind this intense work ethic is that the startup environment is highly competitive and requires significant effort and dedication to stand out. By investing more hours into their ventures, entrepreneurs can refine their ideas, develop their products, and build their businesses more rapidly, positioning themselves for long-term success.

  • What are the benefits of working long hours?

    Working long hours can lead to several benefits, particularly in the context of entrepreneurship. One of the primary advantages is the ability to make substantial progress in a shorter time frame, allowing entrepreneurs to bring their ideas to market more quickly. This intense focus can also foster a deeper understanding of their business and industry, as they immerse themselves in every aspect of their work. Furthermore, the dedication shown through long hours can attract attention from investors and partners, who may be more inclined to support someone demonstrating such commitment and passion for their venture.

  • Why is dedication important for success?

    Dedication is a fundamental component of achieving success, especially in competitive fields like entrepreneurship. It reflects a person's commitment to their goals and their willingness to put in the necessary effort to realize their vision. This level of dedication often translates into resilience, enabling individuals to overcome challenges and setbacks that may arise along the way. Moreover, a dedicated approach can inspire others, including team members and stakeholders, fostering a culture of hard work and perseverance that can drive collective success.

  • How can entrepreneurs achieve their goals faster?

    Entrepreneurs can achieve their goals faster by adopting a focused and disciplined approach to their work. This includes setting clear objectives, prioritizing tasks, and dedicating significant time and effort to their projects. By working long hours and immersing themselves in their business, they can accelerate their learning curve and make quicker decisions. Additionally, leveraging resources such as mentorship, networking, and collaboration can provide valuable insights and support, further enhancing their ability to reach their goals in a shorter timeframe.

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Summary

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Steve Jobs on Help and Hard Work

  • Steve Jobs emphasizes the importance of asking for help, sharing his experience of calling Bill Huet at age 12 for spare parts, leading to a summer job at Packard.
  • He advises entrepreneurs to work 80 to 100 hours weekly, stressing that this dedication allows them to achieve in four months what others accomplish in a year.
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